EML 7.50% 64.5¢ eml payments limited

Agreed, I did some back of envelope calculations the other day...

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  1. 817 Posts.
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    Agreed, I did some back of envelope calculations the other day and uplift on current interest rates is +$24m as it currently stands (factoring in they only earn interest on $2.2B float and above 2% in US, above 0.60% in Canada).

    Add that to likely $230m FY22 result + a mediocre 15% growth in FY23 and you get to $288.5m revenue

    EBIT let’s say FY22 is low range of $52m + $24m =$76m.

    Let’s say all profit from organic (15%) uplift is eaten up by legal/consulting services related to CBI and you still get to $76m as a worst case

    26% revenue growth in FY23 and 46% EBIT growth….

    Your comment about not letting it run is right but only time will tell + above does t factor in any more interest rate uplift for remaining 10.5 months

    Interesting indeed
    Last edited by Boony87: 09/08/22
 
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